Bank Deals Weekly Summary for November 10, 2007

Quick Link for Rates, Recap of this week's posts

This was another week of falling rates. Some of the big online banks that cut their savings account rates included Citibank, WaMu and Capital One. Other smaller banks with rate cuts included iGobanking, Zions, Indymac, VirtualBank, Discover Bank and PFF Bank and Trust.

There are only two online banks with yields above 5.10% that have yet to cut their savings account rates since the big Fed rate cut in September. These two banks are UFB Direct and OneUnited Bank. I did a new account review of UFB Direct's Absolute Savings last month. The yield continues to be 5.31% APY. The big plus with this account is that it has no minimum balance requirement. An important downside is the lack of a free ACH transfer system. It has been almost a year since my last post on OneUnited's savings account. This account has maintained a 5.30% APY for all of 2007. One downside is the $1,000 minimum balance to open account and to earn 5.30%. In 2006 several readers had reported problems with opening the account and using the bank's ACH transfer system. However, there have been signs of some improvement. Please leave a comment if you have experience with OneUnited.

Even though the rates have fallen some since the big Fed rate cut, Countrywide, Zions and KeyDirect continue to have very competitive rates. For those with over a $10K balance and want an easy online account experience with fast ACH transfers, Countrywide's savingslink still seems to be the best choice.

With the potential of another Fed rate cut on December 11th, you may want to lock in a rate. You can lock in 3 months of a high yield in the money market and savings accounts at EverBank, UmbrellaBank and AmTrustDirect. EverBank has the highest promo rate at 5.51% APY.

For CDs, it's getting hard to find yields over 5.50% APY. In fact, it's getting hard to find rates over 5%. There are too many banks to mention that dropped their CD rates this week. Both Countrywide and Indymac have recently made sizable cuts to their short term high yield CDs. The highest rate at Indymac is now 5.45% APY for a 4-month internet CD special. The highest internet rate at Countrywide is 5.40% APY for a 6-month term. However, in some states you can get up to 5.55% APY at Countrywide's financial centers (see post).

I did a post on a 6% CD special this week at a Virginia credit union (Northwest FCU). It has an 18-month term with a minimum deposit of $10K. An organization included in their field of membership is the National Wildlife Foundation (NWF). Some readers have received confirmation with the credit union that membership into NWF will qualify you for credit union membership. However, I was told by the credit union's customer service rep that only employees and volunteers of NWF would qualify you for membership. So "your miles may vary."

Two other credit union CD deals that I posted on this week don't have rates near 6%, but their rates are very competitive in today's rate environment. Both are from credit unions in which anyone can definitely qualify with an association membership. NuVision FCU has a 5.35% APY 13-month CD with a one-time add-on feature (see post). The other is a 5.30% APY 16-month CD at Provident Credit Union (see post).

High yield reward checking accounts received some publicity this week from Bankrate.com. I reviewed this Bankrate article, and I did my own analysis of the reward checking accounts. In addition, I listed several reward checking accounts from banks or credit unions that aren't limited to local areas. Most still offer yields of 6.01% APY. The question remains if these are teaser rates that will eventually fall to rates no better than the online savings account rates. Many reward checking accounts have maintained these high rates for much of 2007, but banks may have more of an incentive to maintain a high rate intro period for these accounts than for online savings accounts. The reason is that these reward checking accounts require direct deposit or auto debit and monthly debit card usage. Once customers are set up on these, many will likely stick with these accounts even if rates fall below the online savings accounts. We'll have to wait and see if this will happen or if these reward checking accounts can provide rates significantly higher than the best online savings accounts for the long term.

Recap for the Week

Banking News

• High Yield Reward Checking Account News and Reviews - Future of High Yield Accounts?
• Cal State 9 Credit Union Placed into NCUA Conservatorship

Savings Accounts - National

• Another Round of Falling Rates: CitiBank, Cap One, WaMu, iGoBanking, ...

CD Deals - National

• CD and Savings Account Specials at Washington Mutual
• 6.00% 18-Month CD at a Virginia CU (Northwest) easy membership?
• 5.30% 16-Month CD at a California CU - easy membership (Provident)
• 5.35% 13-Month CD at a California CU - easy membership (NuVision)
• Bank of America's Online 4-Month CD - Yield as High as 5.25% APY
• 5.55% 6-Month CD at Countrywide Bank in Some States

Checking Account Bonuses

• $75 Checking Account Bonus at a Wachovia Branch in Los Angeles
• $50 Checking Account Bonus at Wells Fargo - No DD Requirements in Some States

Reward Checking Accounts - Local

• 6.01% Reward Checking Account at a North Carolina Bank (Asheville Savings)
• 6.01% Reward Checking Account at Florida Central Credit Union
• 6.01% Reward Checking Account at Bank of Idaho
• 6.01% Reward Checking at a New Mexico Bank (Charter)

CD and Money Market Deals - Local

• 5.35% 12-Month CD at a Florida CU - and $150 Checking/DD bonus (First Florida)
• 5.50% 21-Month CD at a Nevada CU (Greater Nevada)
• 5.36% 60-Month / 5.23% 12-Month CD at a Texas CU (Austin Telco)
• 5.75% 6-Month CD at a Texas Bank (First National Bank Southwest)
• 5.51% 11-Month / 5.25% 36-Month CD at a Florida Bank (TransCapital Bank)
• 5.50% 48-Month CD at a South Carolina Bank Continues (Arthur State)
• 5.50% 14-Month CD at a California CU (Universal City Studios)
• 5.88% 23-Month / 5.61% 13-Month CD at an Indiana CU (Afena)
• 5.75% 60-Month CD at an Ohio Credit Union (CES)
• 5.25% Money Market Account Guaranteed to 2/29/08 at Florida Capital Bank
• 5.39% 24-Month / 5.28% 12-Month CD at a DC Credit Union - and $101 Checking Bonus (Signal Financial)
• 5.30% 5-Month CD at a Texas Credit Union (Amplify)

The rates listed below are based on Annual Percentage Yield (APY). No minimum balances are required unless noted. MMA next to the rates indicate a money market account. Most MMAs have check writing and ATM cards. Online savings accounts usually lack both of these. The top lists include banks and credit unions with broad availability and with minimums around $10K or less. Previous weekly summaries are available for Nov 3rd, Oct 27th, Oct 20th, Oct 13th, Oct 6th, Sep 29th, Sep 22nd, Sep 15th and Sep 8th.

Quick Links: Refer to the following links for the savings accounts and CDs that interest you: Liquid Account Rates: Savings Accounts, Special rates, Local checking/savings, Bank alternatives CD Rates: 3 Mo CDs, 6 Mo CDs, 9 Mo CDs, 12 Mo CDs, 18 Mo CDs, 24 Mo CDs, 36 Mo CDs, 48 Mo CDs, 60 Mo CDs, 84 Mo CDs, CDs by state Comments: read and discuss

As of November 10, 2007

Checking/Savings/Money Market Accounts:

• Checking/Savings Account Bonuses
• The Best Checking Accounts - Including Reward Checking

• EverBank - 5.51% ($1.5K min), 3mo promo, my post
• UmbrellaBank - 5.50% (min $100), 3mo promo, my post
• AmTrustDirect - 5.36% 3mo promo, (e-Savings) my post
• Countrywide - 5.35% (min $10K), my post
• UFB Direct - 5.31%, my post
• BankUnited - 5.31% (min $5K), my post
• OneUnited - 5.30% (min $1K), my post
• KeyDirect - 5.25% MMA (min $50), Not all states, my post
• Zions Bank - 5.19% MMA, outside of Utah, (min $1K) (5.34% $50K+), my post
• Corus Bank - 5.12% MMA (min $10K to open)
• Flagstar - 5.10% MMA, my post
• Savings Square - 5.10%, my post
• WTDirect - 5.06% ($10K min), my post
• M&T Bank - 5.05%, my post
• BancoFortuna.com - 5.05%, my post
• FNBO Direct - 5.05%, my post
• Heartland Bank Direct - 5.05%, ($500 min), my post ($50 bonus)
• FirstFedDirect - 5.05% (min $1K) (closed to CA residents), my post
• Indymac Bank - 5.00% MMA (min $25K), my post
• iGobanking - 5.00%, my post
• UmbrellaBank.com - 5.00% MMA (min $1K), my post
• grand yield direct - 5.00% (min $2.5K) my post
• AmTrustDirect - 4.93% (e-Money Market) my post
• AmboyDirect - 4.80% (4.85% for $20K+), my post ($25 bonus)
• Washington Mutual - 4.75% (requires checking), my post
• PFF Bank and Trust - 4.75% (min $1K), my post
• EmigrantDirect - 4.75%, my post
• E-LOAN - 4.75% ($5K min), my post
• CapitalOne/Costco - 4.70% MMA (min $5K, Costco members only, $50 deal for exec. members)
• ETrade Bank - 4.70%, my post ($25 bonus)
• Salem Five Direct - 4.70% Checking (4.90% $25K+), my post
• Bank of America AAA/NEA - 4.66% MMA ($10K min) (4.92% for $50K+) my post
• Discover Bank - 4.65% MMA (min $10K)(4.75% for $50K+)
• Direct Huntington - 4.60% ($1K min), my post
• Mutual Bank - 4.60% MMA (min $5K), my post
• Presidential Bank - 4.60% (min $5K, only first $35K receives this rate), offers 3.75% checking, my post
• UnivestDirect - 4.55%, (3.55% checking), my post
• EverBank - 4.51% ($1.5K min) my post
• Citibank - 4.50%, requires checking account and bill pay usage, my post
• Capital One - 4.50% MMA, my post
• HSBC Direct - 4.50%, my post
• MyBankingDirect - 4.50% MMA (min $5K), my post
• GMAC Bank - 4.50% MMA (min $500), my post
• VirtualBank - 4.34% (min $100), (4.60% $50K+/ 4.86% $100K+) offers checking, my post ($20 bonus)
• Bank of America DoW - 4.25% MMA (min $10K) (4.51% for $50K+), my post
• Imperial Capital - 4.20% MMA ($2.5K min), offers free checking, my post
• ING Direct - 4.20%, (4% checking), my post ($25 bonus)
• MetLife Bank - 4.15% MMA (min $5K), my post ($50 bonus)
• Transportation Alliance Bank - 4.08%, ($25 min), my post
• Melrose CU - 4.06% (min $25) my post
• Charles Schwab - 4.00% Checking, my post
• Tennessee Commerce Bank - 3.87% (min $10K), my post
• Self-Help Credit Union - 3.78% MMA (min $500), my post
• NewBank - 3.50% Checking, my post ($50 bonus)
• ebank - 2.50% MMA ($10K min), my post

3-Month Certificates of Deposit:

• IndyMac Bank - 5.45% (4 month) (min $5K), my post
• Countrywide - 5.35% (min $10K), my post
• Imperial Capital - 5.20%, ($2K min), my post
• UmbrellaBank.com - 5.20% (min $1K)
• Corus Bank - 5.12% (min $10K)
• VirtualBank - 5.02% (min $10K), my post
• E-LOAN - 5.01% ($10K min), my post
• FirstFedDirect - 5.01% (min $10K), my post
• ebank - 5.00% (min $1K), 5.25% for ePremium checking customers
• UFB Direct - 4.85% (min $8K)
• Element Financial - 4.80% (min $10K), my post
• EverBank - 4.75% ($1.5K min)
• GMAC Bank - 4.70% (min $500), my post
• National Bank of KC - 4.64% (min $10K), my post
• ETrade Bank - 4.60% (min $1K), my post
• Self-Help Credit Union - 4.27% (min $500), my post

6-Month Certificates of Deposit:

• Countrywide - 5.40% (min $10K), my post
• Northrop Grumman FCU - 5.26% (min $40K), my post
• UmbrellaBank.com - 5.20% (min $1K)
• Ascencia Bank - 5.17% (min $500), my post
• NASA FCU - 5.15% (5 months) (min $5K) my post
• Flagstar - 5.11% (min $500), my post
• Corus Bank - 5.10% (min $10K)
• Imperial Capital - 5.10%, ($2K min), my post
• VirtualBank - 5.07% (min $10K), my post
• CU of Georgia - 5.07% (min $50K), my post
• IndyMac Bank - 5.05% (min $5K), my post
• E-LOAN - 5.05% ($10K min), my post
• FirstFedDirect - 5.05% (min $10K), my post
• ebank - 5.00% (min $1K), 5.25% for ePremium checking customers
• EverBank - 5.00% ($1.5K min)
• Washington Mutual - 5.00% (min $1K), my post
• Capital One - 5.00% (min $5K)
• Bank of Internet - 4.92% (min $1K) my post
• Lehman Brothers Bank - 4.92% (min $1K)
• Tennessee Commerce Bank - 4.90% (min $5K)
• La Jolla Bank - 4.90% (min $10K), my post
• Element Financial - 4.85% (min $10K), my post
• Western FCU - 4.83% (min $40K), my post
• UFB Direct - 4.80% (min $8K)
• ING Direct - 4.80%, my post
• ETrade Bank - 4.75% (min $1K), my post
• KeyDirect - 4.75% (min $5K), Not all states, my post
• AmTrustDirect - 4.75% (min $1K) my post
• Intervest - 4.75% (min $2.5K), my post
• National Bank of KC - 4.64% (min $10K), my post
• GMAC Bank - 4.60% (min $500), my post
• EmigrantDirect - 4.55% (min $1K)
• iGobanking - 4.50% (min $500), my post
• Self-Help Credit Union - 4.48% (min $500), my post
• Wells Fargo - 4.35% (5 months) (min $5K), rate and min vary by state, my post

9-Month Certificates of Deposit:

• Patelco CU - 5.50% ($1K min), not NCUA insured, my post
• Countrywide - 5.30% (min $10K), my post
• NASA FCU - 5.25% (10 months) (min $5K) my post
• Academy Bank - 5.15% (min $500), my post
• VirtualBank - 5.13% (min $10K), my post
• UmbrellaBank.com - 5.05% (min $1K)
• Imperial Capital - 5.05% ($2K min), my post
• FirstFedDirect - 5.05% (min $10K), my post
• EverBank - 5.00% ($1.5K min)
• AmboyDirect - 5.00% (min $10K), my post
• Bank of Internet - 4.92% (min $1K) my post
• Element Financial - 4.85% (min $10K), my post
• ING Direct - 4.80% (new money), my post
• IndyMac Bank - 4.75% (min $5K), my post
• National Bank of KC - 4.65% (min $10K), my post
• AmTrustDirect - 4.60% (min $1K) my post
• GMAC Bank - 4.55% (min $500), my post
• EmigrantDirect - 4.55% (min $1K)
• iGobanking - 4.50% (min $500), my post

12-Month Certificates of Deposit:

• NuVision FCU - 5.35% (13 mo) (min $10K) my post
• CU of Georgia - 5.23% (min $50K), my post
• Northrop Grumman FCU - 5.20% (min $40K), my post
• Melrose CU - 5.20% (min $5K) my post
• Countrywide - 5.20% (min $10K), my post
• Ascencia Bank - 5.17% (min $500), my post
• UmbrellaBank.com - 5.17% (min $1K)
• FirstFedDirect - 5.15%, (min $10K) my post
• Corus Bank - 5.10% (min $10K)
• Air Force FCU - 5.10% (min $25K) restrictions to membership, my post
• Academy Bank - 5.05% (min $500), my post
• Flagstar - 5.00% (min $500), my post
• Element Financial - 5.00% (min $10K), my post
• Imperial Capital - 5.00% ($2K min), my post
• Navy FCU - 5.00% ($20K min) restrictions to membership, my post
• E-LOAN - 5.01% ($10K min), my post
• Transportation Alliance Bank - 5.00% ($1K min)
• EverBank - 5.00% ($1.5K min)
• ebank - 5.00% (min $1K), 5.25% for ePremium checking customers
• Mutual Bank - 5.00% (min $2.5K) my post
• Delta Community CU - 5.00% (min $1K) my post
• NewBank - 5.00% (min $5K), my post
• La Jolla Bank - 5.00% (min $10K), my post
• First State Bank - 5.00% ($1K min), my post
• H&R Block Bank - 5.00% (min $250) my post
• Capital One - 5.00% (min $5K)
• GTE FCU - 4.96% (min $500) my post
• Tennessee Commerce Bank - 4.95% (min $5K)
• Bank of Internet - 4.92% (min $1K) my post
• Western FCU - 4.90% (min $40K), my post
• Intervest - 4.87% (min $2.5K), my post
• VirtualBank - 4.86% (min $10K), my post
• Discover Bank - 4.81% (min $2.5K)
• Lehman Brothers Bank - 4.81% (min $1K)
• ING Direct - 4.80% (new money), my post
• Washington Mutual - 4.80% (min $1K), my post
• IndyMac Bank - 4.75% (min $5K), my post
• National Bank of KC - 4.65% (min $10K), my post
• AmTrustDirect - 4.60% (min $1K) my post
• ETrade Bank - 4.55% (min $1K), my post
• MetLife Bank - 4.55% (min $25K)
• GMAC Bank - 4.55% (min $500), my post
• EmigrantDirect - 4.55% (min $1K)
• iGobanking - 4.50% (min $500), my post
• UFB Direct - 4.50% (min $8K)
• KeyDirect - 4.50% (min $5K), Not all states, my post
• Self-Help Credit Union - 4.42% (min $500), my post

18-Month Certificates of Deposit:

• Northwest FCU - 6.00% (min $10K) potential easy membership, my post
• Provident CU - 5.30% (16 mo) (min $1K), my post
• Flagstar - 5.00% (min $500), my post
• Academy Bank - 5.00% (min $500) (5.30% 15-mo), my post
• Countrywide - 5.00% (min $10K)
• EverBank - 5.00% ($1.5K min)
• ebank - 5.00% (min $1K), 5.25% for ePremium checking customers
• NewBank - 5.00% (min $5K), my post
• First State Bank - 5.00% ($1K min), my post
• H&R Block Bank - 5.00% (min $250) my post
• Capital One - 5.00% (min $5K)
• Tennessee Commerce Bank - 4.95% (min $5K)
• Intervest - 4.90% (min $2.5K), my post
• Bank of Internet - 4.86% (min $1K) my post
• VirtualBank - 4.86% (min $10K), my post
• Discover Bank - 4.81% (min $2.5K)
• Element Financial - 4.80% (min $10K), my post
• Lehman Brothers Bank - 4.76% (min $1K)
• ING Direct - 4.75%, my post
• National Bank of KC - 4.65% (min $10K), my post
• MetLife Bank - 4.60% (min $25K)
• EmigrantDirect - 4.55% (min $1K)
• iGobanking - 4.50% (min $500), my post
• IndyMac Bank - 4.50% (min $5K), my post
• AmTrustDirect - 4.50% (min $1K) my post
• GMAC Bank - 4.40% (min $500)
• ETrade Bank - 4.35% (min $1K), my post

24-Month Certificates of Deposit:

• CU of Georgia - 5.27% (min $50K), my post
• Mutual Bank - 5.20% (min $5K) my post
• Air Force FCU - 5.20% (min $25K) restrictions to membership, my post
• Northrop Grumman FCU - 5.12% (min $40K), my post
• Melrose CU - 5.09% (min $5K) my post
• Navy FCU - 5.05% ($20K min) restrictions to membership, my post
• Flagstar - 5.00% (min $500), my post
• E-LOAN - 5.00% ($10K min), my post
• Countrywide - 5.00% (min $10K)
• Transportation Alliance Bank - 5.00% ($1K min)
• Delta Community CU - 5.00% (min $1K) my post
• H&R Block Bank - 5.00% (min $250) my post
• Capital One - 5.00% (min $5K)
• Intervest - 4.93% (min $2.5K), my post
• Tennessee Commerce Bank - 4.90% (min $5K)
• Western FCU - 4.88% (min $40K), my post
• VirtualBank - 4.86% (min $10K), my post
• Bank of Internet - 4.81% (min $1K) my post
• Discover Bank - 4.81% (min $2.5K)
• Element Financial - 4.80% (min $10K), my post
• Lehman Brothers Bank - 4.76% (min $1K)
• NewBank - 4.75% (min $5K), my post
• EverBank - 4.65% ($1.5K min)
• National Bank of KC - 4.65% (min $10K), my post
• MetLife Bank - 4.60% (min $25K)
• Ascencia Bank - 4.58% (min $500), my post
• IndyMac Bank - 4.50% (min $5K), my post
• KeyDirect - 4.50% (min $5K),Not all states, my post
• AmTrustDirect - 4.50% (min $1K) my post
• GMAC Bank - 4.40% (min $500)
• UFB Direct - 4.40% (min $8K)
• Presidential Bank - 4.35% (min $1K)
• Self-Help Credit Union - 4.11% (min $500), my post

36-Month Certificate of Deposit:

• CU of Georgia - 5.33% (min $50K), my post
• Mutual Bank - 5.30% (min $5K) my post
• Air Force FCU - 5.30% (min $25K) restrictions to membership, my post
• Delta Community CU - 5.15% (min $1K) my post
• Navy FCU - 5.10% ($20K min) restrictions to membership, my post
• Melrose CU - 5.09% (min $5K) my post
• E-LOAN - 5.01% ($10K min), my post
• Patelco CU - 5.00% ($1K min), not NCUA insured, my post
• Flagstar - 5.00% (min $500), my post
• Countrywide - 5.00% (min $10K)
• Intervest - 5.00% (min $2.5K), my post
• Transportation Alliance Bank - 5.00% ($1K min)
• H&R Block Bank - 5.00% (min $250) my post
• Capital One - 5.00% (min $5K)
• Northrop Grumman FCU - 4.93% (min $40K), my post
• Element Financial - 4.90% (min $10K), my post
• First State Bank - 4.90% ($1K min), my post
• VirtualBank - 4.86% (min $10K), my post
• Tennessee Commerce Bank - 4.85% (min $5K)
• Western FCU - 4.85% (min $40K), my post
• Bank of Internet - 4.81% (min $1K) my post
• Discover Bank - 4.81% (min $2.5K)
• Agriculture FCU - 4.80% (min $1K), my post
• Lehman Brothers Bank - 4.76% (min $1K)
• NewBank - 4.75% (min $5K), my post
• ebank - 4.75% (min $1K), 5.00% for ePremium checking customers
• Pentagon Federal CU - 4.75% (min $1K), my post
• National Bank of KC - 4.65% (min $10K), my post
• KeyDirect - 4.60% (min $5K),Not all states, my post
• MetLife Bank - 4.60% (min $25K)
• EverBank - 4.60% ($1.5K min)
• EmigrantDirect - 4.55% (min $1K)
• IndyMac Bank - 4.50% (min $5K), my post
• AmTrustDirect - 4.50% (min $1K) my post
• GMAC Bank - 4.45% (min $500)
• ETrade Bank - 4.40% (min $1K), my post
• UFB Direct - 4.40% (min $8K)
• Self-Help Credit Union - 4.20% (min $500), my post

48-Month Certificate of Deposit:

• CU of Georgia - 5.38% (min $50K), my post
• Navy FCU - 5.15% ($20K min) restrictions to membership, my post
• Northrop Grumman FCU - 5.15% (min $40K), my post
• E-LOAN - 5.10% ($10K min), my post
• Melrose CU - 5.09% (min $5K) my post
• Intervest - 5.02% (min $2.5K), my post
• Patelco CU - 5.00% ($1K min), not NCUA insured, my post
• Flagstar - 5.00% (min $500), my post
• Countrywide - 5.00% (min $10K)
• Transportation Alliance Bank - 5.00% ($1K min)
• KeyDirect - 5.00% (min $5K),Not all states, my post
• H&R Block Bank - 5.00% (min $250) my post
• Capital One - 5.00% (min $5K)
• Western FCU - 4.97% (min $40K), my post
• USA FCU - 4.96% (min $1K) my post
• Element Financial - 4.95% (min $10K), my post
• Discover Bank - 4.91% (min $2.5K)
• Agriculture FCU - 4.90% (min $1K), my post
• First State Bank - 4.90% ($1K min), my post
• VirtualBank - 4.86% (min $10K), my post
• Tennessee Commerce Bank - 4.85% (min $5K)
• Bank of Internet - 4.81% (min $1K) my post
• Lehman Brothers Bank - 4.81% (min $1K)
• ebank - 4.75% (min $1K), 5.00% for ePremium checking customers
• Pentagon Federal CU - 4.75% (min $1K), my post
• Washington Mutual - 4.75% (min $1K), my post
• National Bank of KC - 4.65% (min $10K), my post
• GMAC Bank - 4.60% (min $500)
• MetLife Bank - 4.60% (min $25K)
• EverBank - 4.60% ($1.5K min)
• EmigrantDirect - 4.55% (min $1K)
• IndyMac Bank - 4.50% (min $5K), my post
• Self-Help Credit Union - 4.33% (min $500), my post

60-Month Certificate of Deposit:

• CU of Georgia - 5.43% (min $50K), my post
• Air Force FCU - 5.30% (min $25K) restrictions to membership, my post
• Northrop Grumman FCU - 5.26% (min $40K), my post
• H&R Block Bank - 5.25% (min $250) my post
• Melrose CU - 5.25% (min $5K) my post
• Delta Community CU - 5.25% (min $1K) my post
• Navy FCU - 5.20% ($20K min) restrictions to membership, my post
• KeyDirect - 5.20% (min $5K), Not all states, my post
• Intervest - 5.10% (min $2.5K), my post
• E-LOAN - 5.10% ($10K min), my post
• USA FCU - 5.06% (min $1K) my post
• Western FCU - 5.05% (min $40K) my post
• Discover Bank - 5.02% (min $2.5K)
• ING Direct - 5.00%, my post
• Capital One - 5.00% (min $5K)
• Agriculture FCU - 5.00% (min $1K), my post
• Transportation Alliance Bank - 5.00% ($1K min)
• Countrywide - 5.00% (min $10K)
• Flagstar - 5.00% (min $500), my post
• Patelco CU - 5.00% ($1K min), not NCUA insured, my post
• Pentagon Federal CU - 4.95% (min $1K), my post
• Element Financial - 4.95% (min $10K), my post
• Lehman Brothers Bank - 4.92% (min $1K)
• First State Bank - 4.90% ($1K min), my post
• VirtualBank - 4.86% (min $10K), my post
• Tennessee Commerce Bank - 4.85% (min $5K)
• Bank of Internet - 4.81% (min $1K) my post
• EverBank - 4.80% ($1.5K min)
• Washington Mutual - 4.75% (min $1K), my post
• ebank - 4.75% (min $1K), 5.00% for ePremium checking customers
• ETrade Bank - 4.70% (min $1K), my post
• GMAC Bank - 4.70% (min $500)
• National Bank of KC - 4.65% (min $10K), my post
• MetLife Bank - 4.65% (min $25K)
• UFB Direct - 4.60% (min $8K)
• EmigrantDirect - 4.55% (min $1K)
• AmTrustDirect - 4.50% (min $1K) my post
• IndyMac Bank - 4.50% (min $5K), my post
• Self-Help Credit Union - 4.47% (min $500), my post
• Presidential Bank - 4.40% (min $1K)

84-Month Certificate of Deposit:

• KeyDirect - 5.50% (min $5K) (5.75% 10yr, $50K+), Not all states, my post
• Navy FCU - 5.30% ($20K min) restrictions to membership, my post
• Intervest - 5.12% (min $2.5K), 5.15% for 10yr, my post
• Countrywide - 5.00% (min $10K)
• Capital One - 5.00% (min $5K)
• Pentagon Federal CU - 4.95% (min $1K), my post
• EmigrantDirect - 4.55% (min $1K)

High Rates with Conditions or Large Balances - Open to All

• Latest CD and Savings Account Deals with No Major Deposit Limitiations
• 6.01% Reward Checking Account at State Bank of Toledo
• 6.01% Reward Checking Account at Provident Credit Union
• 6.01% Reward Checking Account at Consumers Credit Union
• 5.51% EverBank 3-month intro rate on checking account and money market
• 5.25% Reward Checking Account at First National Bank

Checking and Saving Accounts at Local Banks/Credit Unions

• Local High Yield Reward Checking Accounts
• 5.50% 3-Month Money Market Promo at Amboy (New Jersey)
• 5.00% No-Minimum Online Savings Account (New York)
• 4.70% Low-Minimum Online Savings Account (California)
• 4.65% Money Market Account (Utah)
• 4.65% Checking Account (Florida)
• 4.00% Free Checking at Capital One (Central Texas)
• Savings Account Tied to Prime Rate (Ohio)

CD Specials at Local Credit Unions/Banks Over the Last Two Months

• Alabama deals and CD rates
• Arizona deals and CD rates
• California deals and CD rates
• Colorado deals and CD rates
• Connecticut deals and CD rates
• District of Columbia deals and CD rates
• Florida deals and CD rates
• Georgia deals and CD rates
• Idaho deals and CD rates
• Illinois deals and CD rates
• Indiana deals and CD rates
• Kansas deals and CD rates
• Kentucky deals and CD rates
• Maryland deals and CD rates
• Massachusetts deals and CD rates
• Maine deals and CD rates
• Michigan deals and CD rates
• Minnesota deals and CD rates
• Missouri deals and CD rates
• Montana deals and CD rates
• Nevada deals and CD rates
• New Hampshire deals and CD rates
• New Jersey deals and CD rates
• New Mexico deals and CD rates
• New York deals and CD rates
• North Carolina deals and CD rates
• Ohio deals and CD rates
• Oklahoma deals and CD rates
• Oregon deals and CD rates
• Pennsylvania deals and CD rates
• Rhode Island deals and CD rates
• South Carolina deals and CD rates
• Tennessee deals and CD rates
• Texas deals and CD rates
• Washington State deals and CD rates
• West Virginia deals and CD rates
• Wisconsin deals and CD rates

Terms of 60 Months and Over

• 5.75% 60-Month CD at a Ohio Credit Union (CES)
• 5.65% 60-Month CD at a Utah CU (Cyprus)
• 5.60% 60-Month CD at a DC Credit Union (Library of Congress)
• 5.60% 60-Month CD at a NY/NJ Credit Union (Polish & Slavic)
• 5.60% 60-Month CD at a Texas CU (West Texas)
• 5.50% 60-Month CD at a Chicago Bank (Washington Federal)
• 5.50% 60-Month CD at a Pennsylvania CU (Lebanon)
• 5.36% 60-Month CD at a Texas CU (Austin Telco)

Terms of 24 Months to Under 60 Months

• 5.56% 48-Month CD at a Alabama CU (Shoreline)
• 5.50% 48-Month CD at a South Carolina Bank Continues (Arthur State)
• 5.50% 24-Month CD at a Utah CU (Freedom)
• 5.50% 29-Month CD at a Indiana CU (NorthPark Community)
• 5.50% 36-Month CD at a Utah CU (Cyprus)
• 5.50% 33-Month CD at a Vermont CU (Vermont State Employees)
• 5.39% 24-Month CD at a DC Credit Union - and $101 Checking Bonus (Signal Financial)
• 5.39% 24-Month CD at a DC Credit Union Continues (Signal Financial)
• 5.35% 48-Month CD at a Northern California CU (Lassen County)
• 5.25% 36-Month CD at a Florida Bank (TransCapital Bank)

Terms of 12 Months to Under 24 Months

• 6.00% 18-Month CD at a Virginia CU (Northwest)
• 5.88% 23-Month CD at a Indiana CU (Afena)
• 5.61% 13-Month CD at a Indiana CU (Afena)
• 5.60% 12-Month CD at a Arizona Bank (Towne Bank)
• 5.60% 12-Month CD at a Texas CU (West Texas)
• 5.56% 16-Month CD at a Colorado CU (Space Age)
• 5.55% 18-Month CD at a Colorado Bank (New Frontier)
• 5.53% 12-Month CD at a Chicago Bank (Beverly Bank & Trust)
• 5.50% 12-Month CD at a Illinois Bank (Poplar Creek Community)
• 5.50% 13-Month CD at a Illinois Bank (Second Federal Savings)
• 5.50% 14-Month CD at a California CU (Universal City Studios)
• 5.50% 21-Month CD at a Nevada CU (Greater Nevada)
• 5.50% 18-Month CD at a New Jersey CU - $100K Min (South Jersey)
• 5.50% 12-Month CD at a California CU (San Mateo)
• 5.50% 12-Month CD at a Pennsylvania CU Continues (PA HealthCare)
• 5.50% 18-Month CD at a Florida Bank (Prosperity)
• 5.50% 15-Month CD at a Kentucky CU (Commonwealth)
• 5.50% 12-Month CD at a Texas Bank (T Bank)
• 5.50% 13-Month CD at a Missouri Bank (Champion)
• 5.50% 13-Month CD at a Texas Bank - $100K Min (First National Bank)
• 5.50% 18-Month CD at a Missouri Bank (B & L)
• 5.45% 12-Month CD at a Las Vegas Bank (Fifth Street)
• 5.45% 12-Month CD at a Colorado Bank (New Frontier)
• 5.45% 19-Month CD at a Indiana CU (NorthPark Community)
• 5.45% 15-Month CD at a South Carolina Bank (Enterprise)
• 5.43% 15-Month CD at a Carolina CU (Carolina Telco)
• 5.42% 16-Month CD at a Maryland CU (MCT)
• 5.40% 12-Month CD at a California CU - Open To All (Kinecta)
• 5.35% 15-Month CD at a Minnesota CU - plus $50 Savings Account Bonus (Endura Financial)
• 5.35% 13-Month CD at a California CU - easy membership (NuVision)
• 5.35% 12-Month CD at a Florida CU - and $150 Checking/DD bonus (First Florida)
• 5.35% 12-Month CD at a Utah CU (Freedom)
• 5.30% 16-Month CD at a California CU - easy membership (Provident)
• 5.28% 12-Month CD at a DC Credit Union - and $101 Checking Bonus (Signal Financial)
• 5.28% 12-Month CD at a DC Credit Union Continues (Signal Financial)
• 5.25% 13-Month CD at a New York CU - and $100 Checking Bonus (Mid-Hudson Valley)
• 5.23% 12-Month CD at a Texas CU (Austin Telco)

Terms of Under 12 Months

• 9.00% 9-Month CD at a Colorado CU - $2K Max (Elevations)
• 7.00% 7-Month CD at a Multi-State CU - $7K Max (Chartway)
• 6.00% 4-Month CD at a South Carolina CU - with an extra 1% possible (Georgetown Kraft)
• 6.00% 5-Month CD at a Connecticut CU - $16K Max/Variable (CorePlus)
• 5.75% 6-Month CD at a Texas Bank (First National Bank Southwest)
• 5.75% 5-Month CD at a California CU (San Mateo)
• 5.75% 9-Month CD at a Georgia CU (Georgia's Own)
• 5.75% 8-Month CD at a Wisconsin CU (First Service)
• 5.64% 7-Month CD at a Colorado CU (Premier Members)
• 5.60% 6-Month CD at a Arizona Bank (Towne Bank)
• 5.58% 6-Month CD at a Colorado/Kansas Bank (Colorado East Bank & Trust)
• 5.55% 8-Month CD at a California CU (San Francisco)
• 5.55% 5-Month CD at a Washington State CU - up to 6.16% possible (Columbia)
• 5.55% 5-Month CD at a Illinois Bank (Millennium)
• 5.55% 7-Month CD at a Florida CU (Community First)
• 5.51% 11-Month CD at a Florida Bank (TransCapital Bank)
• 5.50% 5-Month CD at a New York CU - yield up to 5.85% (Hudson Valley)
• 5.50% 5-Month CD at a California Bank Continues (PFF Bank and Trust)
• 5.50% 8-Month CD at a California CU (Fresno County)
• 5.50% 9-Month CD at a New Jersey CU - $100K Min (South Jersey)
• 5.50% 7-Month CD at a California CU (Cal State 9)
• 5.50% 6-Month CD at a Florida Bank (Prosperity)
• 5.50% 3-Month CD at a Michigan CU (Omni Community)
• 5.50% 9-Month CD at a Florida CU (Fairwinds)
• 5.50% 4-Month CD at a New Jersey CU (United Teletech Financial)
• 5.50% 7-Month CD at a Mississippi Bank (Citizens National)
• 5.50% 11-Month CD at a Massachusetts CU (Hanscom)
• 5.50% 7-Month CD at a Missouri Bank (Champion)
• 5.50% 7-Month CD at a California CU - and $100 Checking Account Bonus (CommonWealth Central)
• 5.50% 6-Month CD at a Nebraska CU (Columbus United)
• 5.45% 7-Month CD at a New Mexico CU (State Employees)
• 5.40% 4-Month CD at a California CU - yield up to 5.75% (OCTFCU)
• 5.40% 9-Month CD at a Florida Bank (First Florida)
• 5.40% 7-Month CD at a Florida Bank (First Florida)
• 5.35% 6-Month CD at a CA Bank - with liquid feature (Fremont Investment and Loan)
• 5.35% 7-Month CD at a Florida CU Continues (Space Coast)
• 5.30% 5-Month CD at a Texas Credit Union (Amplify)

Bank Account Alternatives

• Money Magazine article on risk-free investments
• GE Interest Plus - 5.05% rate for $50k+
• TIAA-CREF Money Market Fund - 4.90% 7-day yeild
• Vanguard Prime Money Market Fund - 4.83% 7-day yield
• Fidelity Money Market Fund - 4.82% 7-day yield ($100 bonus and other info)
• Paypal Money Market Fund - 4.76% 7-day yield (1% cashback debit MasterCard)
• FW Thread on Treasury Bills
• I Bond Rate Starting Nov 2006, I Bond Article, I Bonds as CD Alternatives

Historical Rates from the Federal Reserve (Federal funds, Treasury bills, CD's)